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News from The Real Deal:
 
Hospitality companies target rival properties
2/8/2023 1:50 PM
Hospitality companies are contending with a drop in new hotel construction by poaching independent and rival properties for their own brands. Conversions are some of the biggest growth drivers since the pandemic as financing for hospitality projects has dried up, the Wall Street Journal reported. The tactic is more common during times of economi...Read More
 
Ranking the brokerages that rule NYC’s suburbs
2/8/2023 1:20 PM
The Tristate housing market has cooled off in recent months in the harsh winds of interest rate hikes and an inventory crunch, but business remains brisk enough for brokerages to cash in — if they have enough boots on the ground. The Real Deal combed Department of State records to see which brokerages have the most agents selling in Nassau, Suff...Read More
 
Columbia Property Trust takes haircut on 149 Madison
2/8/2023 12:33 PM
 Columbia Property Trust is taking a haircut on one of its Manhattan office buildings. The REIT sold the 12-floor, 121,000-square-foot property at 147-149 Madison Avenue in Midtown South for $77 million to the consumer products company Enchanté Accessories, according to city records filed Wednesday. The sale price was nearly $11 millio...Read More
 
Cardboard magnate sells Carhart Mansion duplex for $20M
2/8/2023 11:50 AM
Cardboard magnate Dennis Mehiel and his wife Karen are out at the Carhart Mansion. The couple sold their duplex at 3 East 95th Street for $20 million, or $1,930 per square foot, according to ACRIS. The five-bedroom, five-bathroom condo drifted on and off the market without a buyer for about 15 years. The couple relisted their home last September...Read More
 
Fairfield adds to Long Island portfolio with $60M purchase
2/8/2023 11:05 AM
Long Island’s largest multifamily landlord continues to grow. Fairfield Properties bought a portfolio of five rental complexes in Suffolk County, paying $59.6 million for the 228-unit portfolio in Bay Shore, the Long Island Business News reported. The seller was the estate of Joan Wimmer, who died a year ago. The Wimmer family developed the prop...Read More
 
Life after Naftali: Sigoura breaks out with UES project
2/8/2023 10:05 AM
It’s been seven years since Victor Sigoura ditched Miki Naftali for a chance to make it on his own. After a rocky start, the former Naftali Group chief investment officer seems to have found his footing with Legion Investment Group’s first Manhattan project: a 19-story, Upper East Side condominium off Park Avenue with a projected sellout of $440...Read More
 
Ampiera Group plans 85K sf resi project in Sunnyside
2/8/2023 9:40 AM
Alex Lau’s Ampiera Group is set to deliver dozens of units to Queens’ Sunnyside neighborhood.  The developer filed plans for a 63-unit project at 45-07 45th Street, Crain’s reported. The filing comes a year after the developer purchased the site for $11 million. The 85,000-square-foot project will include 13 income-restricted units. The eig...Read More
 
Might as well be dead? J-51 reboot may not be enough
2/8/2023 9:00 AM
A property tax break could come back from the dead, but its revived form may scare off landlords. The J-51 program provided an abatement and exemption for multifamily buildings that had gut renovations and major repairs, or were nonresidential properties converted into housing. Applications for the tax break dwindled before it expired last year ...Read More
 
Lawsuit alleges Signature Bank aided FTX fraud
2/8/2023 7:00 AM
Days after FTX’s spectacular collapse, Signature Bank was doing damage control, trying to play down its exposure to the crypto exchange’s alleged fraud. The bank, an important real estate lender in the New York metro area, assured investors just 0.1 percent of its deposits were linked to FTX. Turns out, there was more to the story. A lawsuit fil...Read More
 
No, really, New Yorkers came back: Unraveling Curbed’s rent conspiracy
2/8/2023 6:05 AM
What if the staggering rent growth in New York City over the past two years was not from tenants returning en masse? What if landlords stowed units off-market to artificially inflate rents? A Curbed story laid out that theory in late January, raising hackles across real estate Twitter. Author Lane Brown argued that evidence does not show more pe...Read More




CNN Living:
 
Should dating apps have HIV filters?
9/15/2016 7:13 AM
Dating apps and sites offer the option to filter matches by sex, ethnicity, height or religion -- but they could be even more personal...Read More
 
How Grindr got men to self-test for HIV
7/25/2016 8:04 AM
Grindr, a dating app for gay men, was found to be an effective way to give out HIV self-test kits to men at risk of infection and reduce the spread of HIV, according to a recent study....Read More
 
When sex is bad for men, good for women
9/8/2016 11:56 AM
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When your kids think you"re always wrong
9/14/2016 11:31 AM
It can be exasperating when your tween or teen thinks you are wrong all the time, but it is often a normal part of your child"s development...Read More
 
How to deal with a defiant child
8/30/2016 11:07 AM
Most parents have struggled with a defiant child, but what they might not realize is that there are steps they can take to eliminate the challenging behavior....Read More
 
Stop the meltdowns!
8/19/2016 3:37 PM
In my house, we called it going boneless. That"s when my girls, as toddlers, would arch their backs, screaming uncontrollably, usually in a public place (of course!) and there was nothing my husband or I could do to satisfy them....Read More
 
Setting limits for "spoiled" kids
9/13/2016 12:27 PM
More than 10 years ago, as I headed to one of my final OB/GYN appointments before my first daughter was born, I had a moment...Read More
 
Toxic chemicals are hiding in your house dust
9/14/2016 9:33 AM
Researchers say 45 toxic chemicals are found commonly in your house dust, with 10 of them lurking in 90% of homes across the country...Read More
 
A four-day workweek could be hazardous to your health
9/15/2016 5:47 AM
The math is simple, but the implications of these schedules are different. The danger is in disregarding the effects that can occur as a result of fatigue and stress...Read More
 
Prescription heroin gets green light in Canada
9/14/2016 8:15 PM
Health Canada has amended its regulations to allow Canadian doctors to prescribe heroin as a treatment for those who are severely addicted to the drug. Last week"s change to the Controlled Drugs and Substances Act permits doctors to apply for permission under the federal Special Access Program to offer their addicted patients diacetylmorphine: phar...Read More



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